PROCEPT BioRobotics (PRCT) director awarded new stock options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROCEPT BioRobotics Corp director Dan Puckett received new equity awards. On March 5, 2026, he was granted stock options for 8,897 shares at an exercise price of $0.00 per share and 5,476 shares of common stock in the form of restricted stock units.
One-third of the stock options and one-third of the RSUs are scheduled to vest on March 5, 2027, with the remaining two-thirds of each award vesting in equal annual installments over the following two years, subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PUCKETT DAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 8,897 | $0.00 | -- |
| Grant/Award | Common Stock | 5,476 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,897 shares (Direct);
Common Stock — 5,476 shares (Direct)
Footnotes (1)
- These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One-third of the RSUs shall vest on March 5, 2027, with one-third of the remaining RSUs vesting annually on each of the second and third anniversary thereof, subject to the Reporting Person continuing as a service provider through such date. This Stock Option was granted on March 5, 2026, and one-third of the shares subject to the Stock Option shall vest on March 5, 2027, with one-third of the remaining shares subject to the Stock Option vesting annually on each of the second and third anniversary thereof, subject to the Reporting Person continuing as a service provider through such date.
FAQ
What insider transaction did PROCEPT BioRobotics (PRCT) director Dan Puckett report?
Dan Puckett reported equity award grants from PROCEPT BioRobotics, not open-market trades. He received stock options and restricted stock units as part of his director compensation, increasing his direct holdings through awards with multi-year vesting tied to ongoing service with the company.
How many stock options did Dan Puckett receive from PROCEPT BioRobotics (PRCT)?
He received a grant of stock options covering 8,897 shares of PROCEPT BioRobotics common stock. These options were granted on March 5, 2026, with one-third vesting on March 5, 2027 and the remaining shares vesting in equal annual installments over the next two years.
What restricted stock unit (RSU) award did PROCEPT BioRobotics (PRCT) grant to Dan Puckett?
PROCEPT BioRobotics granted 5,476 restricted stock units to director Dan Puckett. Each RSU represents a contingent right to receive one share of common stock, subject to a three-year vesting schedule and his continued service as a provider to the company through each vesting date.
What is the vesting schedule for Dan Puckett’s PROCEPT BioRobotics (PRCT) RSUs?
One-third of the RSUs vest on March 5, 2027. The remaining RSUs then vest in equal annual installments on the second and third anniversaries of that date, provided he continues as a service provider to PROCEPT BioRobotics through each respective vesting date.
How do Dan Puckett’s PROCEPT BioRobotics (PRCT) stock options vest over time?
The stock options granted on March 5, 2026 vest over three years. One-third of the option shares vest on March 5, 2027, with one-third of the remaining shares vesting on each of the second and third anniversaries, contingent on his continued service with the company.